Podium Minerals : Chairman's Address to Shareholders

For personal use only

ASX ANNOUNCEMENT

30 November 2021

2021 Annual General Meeting Investor

Presentation

Podium Minerals Limited (ASX: POD, 'Podium' or 'the Company') is pleased to release a copy of the investor presentation to be provided by Clayton Dodd, Executive Chairman to shareholders at the Annual General Meeting being held at at the Duxton Hotel, 1 St Georges Terrace, Perth, Western Australia on Tuesday, 30 November 2021 at 10.30 am (WST).

This announcement has been authorised for release by the board.

Contacts

For more information, please contact:
Clayton Dodd	Victoria Humphries
Executive Chairman	Media & Investor Relations
[e-mail]	[e-mail]

ACN 009 200 079 Suite 4, 245 Churchill Avenue, Subiaco, WA 6008 [e-mail] www.podiumminerals.com [phone]

ASX: POD

ersonal use only

AIMING TO BE

AUSTRALIA'S FIRST

PLATINUM GROUP METAL (PGM)

PRODUCER

LARGE SCALE PGM FOCUS TO DEVELOP A LOW COST OPEN PIT MINING OPERATION

ASX:POD | WWW.PODIUMMINERALS.COM

IMPORTANT NOTICE

This Investor Presentation (Presentation) has been prepared by Podium Minerals Limited (ACN 009 200 079) (Company).

The information contained in this Presentation has been prepared in good faith by the Company, onlyhowever no representation or warranty expressed or implied is made as to the accuracy,

correctness, completeness or adequacy of any statements, estimates, opinions or other information contained in this Presentation.

To the maximum extent permitted by law, the Company, its directors, officers, employees and agents disclaim liability for any loss or damage which may be suffered by any person through the use or reliance on anything contained in or omitted in this Presentation.

Certain statements contained in this Presentation, including information as to the future financial or operating performance of the Company and its projects are forward-looking statements. Such forward-looking statements are necessarily based upon a number of estimates and assumptions

usethat, whilst considered reasonable by the Company, are inherently subject to

significant technical, business, economic, competitive, political and social uncertainties and contingencies, involve known and unknown risks and uncertainties that could cause actual events or results to differ materially from estimated or anticipated events or results reflected in

uch forward-looking statements and may include, among other things, statements regarding targets, estimates and assumptions in respect of metal prices, and anticipated grades and recovery rates and may be based on assumptions and estimates related to future technical, economic, market, political, social and other conditions. The Company disclaims any intent or obligation to update publicly any forward looking statements, whether as a result of new

ersonalinformation, future events or results or otherwise. The words "believes", "expects", "anticipates", "indicates", "contemplates", "targets", "intends", "plans" , "objective", "strategy", "schedule", "continue", "budget", "estimate", "may", "will", "could" , "would" and other similar

expressions identify forward looking statements and are not guarantees of future performance and accordingly investors are cautioned not to put undue reliance on forward looking-statements due the uncertainty inherent therein.

EXPLORATION RESULTS AND MINERAL RESOURCES

The information in this Presentation that relates to Exploration Results is based upon and fairly represents information previously released by the Company to ASX on 19 June 2018, 4

2 AGM PRESENTATION | November 2021

December 2018, 5 March 2019, 7 January 2020, 24 February 2020, 23 June 2020, 29 September 2020,21st January 2021, 25th February 2021, 24th March 2021, 4th May 2021, 10th, 11th ,25th May 2021, 28th June 2021 2nd and 16th July 2021, 18th August 2021, 23rd September 2021, 29th September 2021 and 26th October 2021..

The information in this Presentation that relates to metallurgical test work results is based upon and fairly represents information previously released by the Company to ASX on 1 October 2018 and 10 October 2019.

The information in this Presentation which relates to Mineral Resources was first released to ASX on 30 November 2020.

The Company confirms that it is not aware of any new information or data that materially affects the information included in the market announcements and that the form and context in which the Competent Person's findings are presented have not been materially modified from the original market announcement, and that all material assumptions and technical parameters underpinning the mineral resource estimate continue to apply and have not materially changed.

EXPLORATION TARGET

The information in this Presentation that relates to the Parks Reef Exploration Target is based on and fairly represents information compiled by Mr Jeremy Peters who is a Chartered Professional Geologist and Mining Engineer and a Fellow of the Australasian Institute of Mining and Metallurgy (FAusIMM CP) and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity to which he is

undertaking to qualify as a Competent Person as defined in the 2012 Edition of the "Australasian

Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves". Mr Jeremy Peters consents to the inclusion in this Presentation of the matters based on this information in the form and context in which it appears.

Further details regarding the Exploration Target can be found in the Company's ASX announcement dated 26 March 2019.

The ASX market announcements are available on the Company's website at:

www.podiumminerals.com.au

THE YEAR IN REVIEW

WORK PROGRAM

• Substantial upgrade of Podium's inferred mineral resources with contained 3E PGM increasing by 92% to 2,200,000 ounces with the only3E PGM basket grade in the main PGM horizon increasing from 1.45g/t to 1.54g/t. Copper has increased by 110% to 79,000 tonnes
• Completion of 18,000m drilling
• Direct exploration expenditure of $3m
• High grade drill intersections for 5E PGM: platinum, palladium, rhodium, iridium and gold
• Deep diamond drilling underway with significant additional drilling to follow

CORPORATE

•	Conditional agreement signed with EV Metals Group Plc for alignment of tenement ownership Podium to receive $2.4m in compensation
•	Disposal of shares held in EV Metals Group Plc for $2.3m
use•	$2.5m raised via a placement to sophisticated investors at 11.5c per share (Feb 2021)
• Recent Placement and SPP raising $7.5m at 29c a share
ersonal
KEY APPOINTMENTS
•	New board appointments of Non-Executive Directors - Ms. Cathy Moises and Mr. Rod Baxter
•	Appointment Chief Executive Officer - Mr. Sam Rodda
• Appointment Company Secretary / CFO - Ms. Hannah Hudson
•	Additional senior technical appointments in progress

3 AGM PRESENTATION | November 2021

DEVELOPING A STRATEGIC AUSTRALIAN PGM SUPPLY

• Aiming to become Australia's first Platinum Group Metal (PGM) producer through growth
	and development of Parks Reef Project, WA
only
•	Large scale, near surface, long life PGM resource with further upside through Rhodium credits
• Near surface mineralisation can enable a simple, low cost open-pit mine
• Invigorated Executive Team - incoming CEO Sam Rodda (ex BHP, MMG)

1Inferred Mineral Resources containing 2,200,000 ounces of platinum, palladium and

gold plus 79,000 tonnes of copper (excl Rhodium/Iridium)

use	40.2Mt @ 1.54g/t 3E PGM plus 21.3Mt @ 0.24% Cu and 0.29g/t 3E PGM includes high value upper
	horizon with 9.2Mt @ 2.0g/t 3E PGM and 0.17% Cu
• Exploration Target** over the full strike length of 3.1 to 5.8 million ounces 3E PGM within
ersonal	200m of surface (including 1.5 to 2.6 million ounces within 100m of surface)
Aggressive forward schedule of drilling to significantly grow Parks Reef Project
•

**The potential quantity and grade of the Exploration Target for Parks Reef is conceptual in nature, there has been insufficient exploration to estimate further Mineral Resources and it is uncertain if further exploration will re ult in the determination of additional Mineral Resources* See additional information section at the end of this Pre entation for full resource estimate tables.

1 Refer to ASX announcement dated 23rd September 2021

4 AGM PRESENTATION | November 2021